UK: Unilever in talks to sell food business to McCormick
Unilever, the UK-based consumer goods giant, has confirmed it is in preliminary discussions with the US spice and seasonings manufacturer McCormick regarding a potential sale of its global food business. The division includes global brands such as Knorr and Hellmann’s. The move follows a strategic review by Unilever’s CEO, Fernando Fernández, aimed at streamlining operations […]
USA: Del Monte Foods acquires Kitchen Basics
Del Monte Foods, the US food company, has announced the acquisition of cooking aids firm Kitchen Basics from McCormick. Kitchen Basics was founded in 1996 and has an extensive portfolio of ready-to-use stocks and broths, and is currently the market leader in the US. Greg Longstreet, president and CEO of Del Monte Foods, said: “Del […]
India: Adani Wilmar acquires rice brand Kohinoor
India based food firm, Adani Wilmar, has announced the acquisition of the rice brand Kohinoor from McCormick Switzerland GMBH. According to sources, Kohinoor was one of the pioneers in the branded basmati rice in India, and the company has a portfolio that includes the brand Kohinoor for premium basmati rice, Charminar for budget rice, and […]
USA: McCormick to acquire Cholula Hot Sauce
McCormick, the US spice and seasoning firm, has entered into an agreement to acquire Cholula Hot Sauce from L Catterton for $800 million in cash. Cholula Hot Sauce is described as a premium hot sauce brand in six varieties of spicy Mexican flavours. It is claimed to be made using high-quality ingredients based on a 100-year […]
USA: McCormick acquires Reckitt Benckiser’s food division for $4.2 billion
McCormick, a US manufacturer of spices, herbs, and flavourings for retail, commercial, and industrial markets has signed an agreement to buy the food division of Reckitt Benckiser (RB), the British multinational consumer goods company, for $4.2 billion. “RB Foods’ focus on creating products with simple, high-quality ingredients makes it a perfect match for McCormick as […]
USA: McCormick acquires Botanical Food Group
McCormick, the US spice and seasonings gient, has announced the acquisition of Australia-based Botanical Food Group, which manufactures and sells the Gourmet Garden brand of packaged herbs, in a deal worth $114 million. Gourmet Garden sell a variety of fresh and lightly dried herbs in Australia, also exporting its product range to 15 countries with […]
UK: McCormick decides against offer for Premier Foods
McCormick, the US spice and seasoning firm, has announced that it no longer intends making an offer to acquire the UK-based food manufacturer Premier Foods. Premier Foods had reportedly rebuffed three approaches from the American firm before announcing last week that it had entered “constructive” talks regarding a possible takeover. The latest offer put forward by McCormick […]
UK: Premier Foods in “constructive” talks with McCormick
Having previously rebuffed an approach by US firm McCormick, UK food manufacturer Premier Foods has announced that it is now in “constructive” talks with the spice and seasonings giant over a possible takeover deal. In an update posted on the firm’s website, Premier Foods said that it had arranged to meet its main institutional investors “to […]
UK: Nissin Food acquires minority stake in Premier Foods
Japanese food manufacturer Nissin Food has acquired a 17.27% shareholding in British food manufacturer Premier Foods from an existing shareholder. Announcing the deal in a statement, Premier Foods, which own brands such as Mr Kipling and Bisto, said that the Japanese company “understands and supports Premier’s ambitions”. As part of the move, Nissin Food has […]
USA: McCormick announces completion of One World Foods acquisition
McCormick, the US spices and seasonings specialist, has announced that it has completed the purchase of 100% of the shares of One World Foods, which sells the Stubb’s barbecue sauce range. According to McCormick, Stubb’s is the leading premium barbecue sauce brand in the US, while the product portfolio also includes marinades, rubs and cooking sauces. […]